Active

517 Oak Street

AUBURNDALE, FL 33823
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Bed 3

Bed

Bath 3

Bath

SqFt950

Sqft

Acres0.19

Acre(Lot)

AUBURNDALE INVESTMENT OPPORTUNITY • TWO SEPARATE RESIDENCES • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • ALSO AVAILABLE FOR LEASE • SELLER MOTIVATED! Welcome to 517 Oak St, Auburndale, FL 33823, an income-producing property featuring two separate residences/living spaces and established rental income. The 4-bedroom, 3-bath residence is currently leased at $1,500/month, and the 2-bedroom, 2-bath residence is currently leased at $1,400/month, generating combined current gross rental income of $2,900/month ($34,800 annually). The owner reports approximately $80,000 in renovations and improvements, creating an attractive opportunity for investors seeking a property with existing rental income and multiple living spaces. Sale is subject to applicable existing lease terms. ADDITIONAL LEASE OPTION: Property is also offered for lease at $2,900/month, subject to existing leases, availability, lease terms, application requirements, and approval. Ask for complete lease and occupancy details. Conveniently located in Auburndale, Florida, with access to I-4, Lakeland, Winter Haven, Orlando, and Tampa, along with shopping, dining, schools, medical facilities, employment centers, and other Central Florida amenities. ALTERNATIVE HOMEOWNERSHIP OPTION: A separate bank-funded lease-to-own/homeownership program may also be available through a third-party provider for qualified applicants. Depending on program guidelines, alternative income documentation may be available, which may include recent bank statements rather than relying solely on traditional tax-return documentation. Program availability, income documentation, credit standards, required funds, occupancy requirements, property eligibility, terms, and final approval are determined solely by the participating third-party provider. This is not seller financing, and approval is not guaranteed. Ask for complete program details and qualification requirements. SELLER MOTIVATED! Property and lease information available upon request. Buyer and buyer's agent are encouraged to independently verify property use/classification, zoning, measurements, rental income, existing lease information, occupancy, program eligibility, and all other information deemed important. INVEST • LEASE • OR EXPLORE AN ALTERNATIVE PATH TO HOMEOWNERSHIP — SCHEDULE YOUR SHOWING TODAY!

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Detail Ic Property Details

Property Type : Residential

Price : $319,900

AD Id : 87630742

MLS Id : MFRO6422400

Beds : 3

Lot Size : 0.19 Acre

Living Area Size : 950

Year Built : 1930

County : Polk

Subdivision: Auburndale Heights

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Interior Features

    Ceiling Fans(s) Roof: Shingle Appliances: Cooktop, Microwave, Range, Refrigerator Laundry Features: None

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Luxury Vinyl Construction Materials: Stucco, Frame
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1930
  • Exterior Features

    None Construction Materials: Stucco, Frame Foundation Details: Slab

  • Lot Information

    Lot Dimensions: 57x143 Lot Square Feet: 8111 Lot Acres: 0.19 Lot Size (SqMt): 754

    Property Information

    Property Type: Residential Sub Type: Half Duplex

  • Listing Price Information

    Original List Price:$389900

  • Tax Information

    Tax Block: 17 Tax Book Number: 2-13 Tax Lot: 14 Tax Legal Description: AUBURNDALE HGTS PB 2 PG 13 BLK 17 LOT 14 Annual Tax: $3322.4 Tax Year: 2025 Parcel Number: 25-28-11-336500-017140

  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: AUBURNDALE HEIGHTS City: AUBURNDALE Direction: 6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
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Nearby Home Value

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215 Palm Avenue, Auburndale, FL, 33823 $265,000 4 2 --
559 Waterfern Trail Drive, Auburndale, FL, 33823 $699,000 3 4 2,407 2,407 SqFt
539 Waterfern Trail Drive, Auburndale, FL, 33823 $569,999 3 3 2,911 2,911 SqFt
224 Valencia Ridge Drive, Auburndale, FL, 33823 $715,000 4 3 2,533 2,533 SqFt
501 Adams Barn Road, Auburndale, FL, 33823 $3,700,000 7 9 9,222 9,222 SqFt
485 Adams View Lane, Auburndale, FL, 33823 $725,000 4 4 2,816 2,816 SqFt
212 Kaylor Drive, Auburndale, FL, 33823 $279,000 2 1 672 672 SqFt
121 Bonnie Drive, Auburndale, FL, 33823 $215,000 2 2 1,344 1,344 SqFt
31 Morgan Street, Auburndale, FL, 33823 $680,000 4 2 1,897 1,897 SqFt
119 Jana Circle, Auburndale, FL, 33823 $145,000 2 2 1,344 1,344 SqFt
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Based on information submitted to the MLS GRID as of 08/25/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 08/25/2026 @ 18:20

MLS: MFRMLS #O6422400 LISTED BY: Merly Esgro, IAD REAL ESTATE 407-720-0020 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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